Real Relief
AUSTRALIAN DEBT BURDEN INTEREST OBLIGATIONS [By Telegraph—Press Association—Copyright) Received Sept. 28, 5.5 p.m. MELBOURNE. Sept. 28. England’s action in abandoning the gold standard will relievo the real burden of Australia’s interest obligations, declared Professor Giblin, actingCommonwealth statistician. He estimates that the relief will bo 25 per cent., irrespective of what happens to the exchange rate.
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Bibliographic details
Wanganui Chronicle, Volume 74, Issue 230, 29 September 1931, Page 8
Word Count
57Real Relief Wanganui Chronicle, Volume 74, Issue 230, 29 September 1931, Page 8
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